Riverside's own Bide a Wee Inn
/Not quite, yet, but these owners may be beginning to feel that way. 4 Highgate Road, down in Harbor Point, has cut its price again and the owners would now be willing to move for $3.595 million. That’s quite a drop from the original price of $4.995, but the house has been for sale since 2016 and seems to be going nowhere, and even the owners have probably lost track of how many agents and how many price cuts they’ve gone through, so what’s one more?
Two problems here: the owners paid $2.925 for the land this 2011 construction sits on, so they’re pretty much looking at giving away the house they paid to build, and that must hurt. The house was never, ever worth $5 million, but one can understand why the owners hoped it was.
And the property is entirely in the VE flood zone. The topo map appears to place the structure right on the minimum 13’ elevation line, but with the global warming hysteria going on at Town Hall, another panic attack by town planner Katie DeLuca could very well result in yet another bump-up in height requirements, and that would be a bummer.
Maybe if they offered to toss a boatload of water wings into the deal.